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By: CNBC.com | 26 Nov 2008 | 07:31 AM ET
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President-Elect Barack Obama will speak later on Wednesday and investors are hanging on his every word. But some experts say Obama's plan will not rekindle the economy, because economic cycles cannot be skipped, and he should be careful about bailouts backfiring.

It's a Bailout, Not a Revival

Obama's stimulus package will not be able to rekindle the economy, but it will bail it out, says Enzio von Pfeil, CEO of EconomicClock.com.

Beware of Bailouts Backfiring

With the amount of money the U.S. government is throwing at the bailouts, what is the impact of this on the dollar and the economy? Ajay Kapur, global strategist at Mirae Asset Securities shares his take with CNBC.

Will the Dollar Continue to Rally?

The latest Fed bailout raises the question of whether the four-month dollar rally is coming to an end. Richard Grace, Chief Currency Strategist at Commonwealth Bank of Australia, Ajay Kapur global strategist at Mirae Asset Securities and Daryl Guppy, CEO of Guppytraders.com take a look at the facts.

New $800 Billion Plan Good for Markets

The Fed's new $800 billion plan is a step in the right direction, says Michael Woolfolk, senior currency strategist at the Bank of New York Mellon.

Wall Street in CrisisWALL STREET IN CRISIS - A CNBC SPECIAL REPORT

Obama Doing All the Necessary Things

"It's the right step for this part of the cycle," Dodge Dorland, CIO at Landor Capital Management, said after the US announced an $800 billion stimulus package. "We, the Americans, are going to have to pay for this at some point. But right now Barack is doing all the things that are necessary to instill confidence. The bad news will come."

"The bad news will be coming in the first quarter of next year," Dorland predicted.

Package Will Crush Dollar

A potentially precipitous decline in the US dollar will occur at some point in the future, Ben Pedley, investment strategist at LGT Investment Management, said on what the impact of the new US stimulus package will be.

"At the moment we are still in the deleveraging process, which will require stocks markets to move lower and in turn the dollar likely to recoup some of its recent losses and possibly make new highs," Pedley said.

The cost of the US government's rescue of the financial system and economy roughly equals $8.5 trillion, which is about 60% of the country's GDP last year, and proposes some serious downside risks for the dollar, according to Pedley.

© 2008 CNBC.com
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